AXISBANK-Observations: ------>Stock trending upwards -------> Broken Trendline retest is needed. -------->If this is a false breakdown the trend will continue moving upwards again. --------->we have a great supports build at 830-850 levels. ---------> Previous strong demand Zone may act as Resistance and pushes the price towards downside, careful at 905-910 range. --------->keep on buyside we have a chance to enter long until it breaks 830-850 range.
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BANKNIFTY at its supply zone, dragging all the banking stocks.